VMLC Charities

Analysis

VMLC Charities is a registered charity in United States, based in Glendale, AZ. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, VMLC Charities reported income of $559k and spending of $509k, spending 91% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $305k to $559k (+83%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 140%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, VMLC Charities sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within AZ. Charities of a similar size with the same main cause include Royersford Outreach Inc ($559k), Mending the Gap Inc ($559k) and Building Hope Community Life Center Inc ($559k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.